Nifty below 23,800, Sensex down 931 pts amid ceasefire worries

The domestic share market snapped five day winning run and ended lower with Nifty below 23,800 on Thursday.At close, the Sensex was down 931.25 points or 1.20 percent at 76,631.65, and the Nifty was down 222.25 points or 0.93 percent at 23,775.10.
Dr Reddy's Labs, Hindalco, Bajaj Auto, Bharat Electronics, Max Healthcare were the top gainers on the Nifty, while losers included L&T, Interglobe Aviation, Eternal, Shriram Finance, Jio Financial.On the sectoral front, oil & gas, PSU Bank, Auto, Infra, Consumer Durables, Media, and Private Bank shed between 0.3-2%, while metal, power, pharma added 0.6-1%.Nifty Midcap index added 0.3% and Smallcap index ended on a flat note.
Rupee Close:
On 9 Apr'26,the Indian rupee depreciated 9 paise to close at 92.63 against the US dollar on Thursday, as the situation in West Asia remains fragile, keeping investors wary of the opening of the Strait of Hormuz. Forex traders said geopolitical uncertainty was still high amid Iran's threat to step out of the talks if Israel kept bombing Lebanon, and markets are in a wait-and-watch mode rather than strong directional positioning.
Trading Guide:
Market experts recommended five shares to buy on Thursday-CG Power, Kirloskar Oil Engines, Bharat Heavy Electricals Limited, Dalmia Bharat, and ABB India.

(Business Correspondent)